Qualcomm said Tuesday it expects global smartphone makers to ship 450 million 5G handsets in 2021 and 750 million units in 2022. According to Qualcomm’s own previous forecast of 200 m.A. 5G handsets next year, the company’s latest forecast for shipments in 2021 suggests that 5G handset shipments will grow by 125 per cent from 2020.
Qualcomm says 5G will be adopted faster than 4G because of the timing of the commercialization of 5G technology in China and the availability of chipsets at different price points. Given Qualcomm’s close relationship with handset makers, analysts value Qualcomm’s occasional smartphone estimates.
The next-generation 5G smartphone is expected to support features such as watching videos or playing games on the mobile network, and will work as well, and possibly better, as you would with WiFi. Qualcomm and other chipmakers will benefit from the rapid adoption of 5G networks, as phones will need more chips to get faster.